A shoe company's ads feature the members of a popular country music band. Product sales increase significantly among the band's fans. From the fans' viewpoint, the band is a ________
A) membership group
B) reference group
C) laggard
D) subculture
E) late-majority adopter
B
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Exhibit 20-1 On January 1, 2016, Pearson Company signed a lease agreement requiring six annual payments of $60,000, beginning December 31, 2016. The lease qualifies as a capital lease. Pearson's incremental borrowing rate was 9% and the lessor's implicit rate, known by Pearson, was 10%. The present value factors of an ordinary annuity of $1 for six periods for interest rates of 9% and 10% are
4.48592 and 4.35526, respectively. ? Refer to Exhibit 20-1. What would be the balance of the lease obligation on January 1, 2017, for financial reporting purposes after the lease payment? (Round answers to the nearest dollar) A) $0 B) $166,779 C) $227,448 D) $233,379
Scribe Company, a manufacturer of writing instruments, provides the following financial information:
Calculate the return on investment for the Pencil Division. (Round your answer to two decimal places.)
A) 15.63%
B) 15.09%
C) 15.69%
D) 14.55%
Explain how tailored sourcing can be used to improve profitability
What will be an ideal response?
On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy's security
interest attach? a. March 1 b. March 5 c. March 10 d. March 15